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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 3 days ago

Lloyds pushes tokenized deposits

Banks are adding tokenized deposits as an alternative to stablecoins.

Can someone please explain why this is even necessary?

https://www.americanbanker.com/payments/news/lloyds-showcases-deposit-revolut-plots-m-a

#FinTech #FinServ #Banking #Payments #PayTech

American Banker

Lloyds pushes tokenized deposits

The U.K. bank has completed a payment using the stablecoin alternative; while Revolut is trying to acquire Turkish neobank FUBS. Plus: execs tied to the Wirecard scandal are on their way to prison and more in the American Banker global payments and fintech roundup.
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